What is Handicap Betting? The Quickest Way to Calculate Handicap Odds in 2023
Handicap betting is no longer unfamiliar to professional sports bettors. However, for those new to the game, this term can still be quite confusing. In this article, Wintips will answer your questions about what handicap betting is and provide the simplest and most straightforward way to calculate these odds. Let's dive in to learn more.
What is Handicap Betting?
Handicap betting, also known as Asian handicap or spread betting, is a term commonly used in sports betting. It is a popular choice among sports bettors worldwide due to its attractiveness. When placing a handicap bet on a football match, only two outcomes are possible; there is no draw. This means that when placing a bet, bettors are typically focused on one team winning, and the other losing, which is why they often choose handicap bets.
Why is Handicap Betting Popular?
Handicap betting is favored by many because it is straightforward to play, easy to calculate, and offers a 50/50 chance of winning or losing. Experienced bettors can achieve consistent success with this type of betting.
Additionally, bettors can even determine their fate by applying the handicap bet when wagering. Bookmakers often offer matches with low draw odds, especially favoring strong teams, making it a preferred choice for players.
How to Calculate Handicap Betting?
Calculating handicap bets can be a bit challenging for newcomers. If you are still unsure about how to calculate handicap bets, follow the formula below:
Amount won = Initial bet amount * Pre-match odds
Note:
Amount won: This is the money you receive when your handicap bet wins.
Initial bet amount: The money you initially wagered to participate in the handicap bet.
Pre-match odds: These odds are provided by the bookmaker before the match starts. These odds may vary from match to match or at different times. Virtually all bookmakers use this formula to determine the potential winnings. While the numbers may change, the underlying principle remains the same.
What are the Rules of Handicap Betting?
Handicap sports betting typically revolves around the handicap lines set by bookmakers before the match begins. The rules are as follows: you choose either the favorite team (team with a stronger position) or the underdog team (team with a weaker position). Bookmakers consider the team's recent performance, starting lineup, and other factors such as weather conditions to determine which team is the home team.
The difference between the two teams is defined by the handicap points provided by the bookmaker. These handicaps usually differ by at least 0.25 goals, such as 0.25, 0.5, 0.75, 1, 1.25, and so on. The result of the bet is only determined after the match ends. The winning team is the one that beats the opponent, factoring in their handicap points.
That summarizes what handicap betting is and how it is calculated. Stay tuned to explore the most common handicap bets.
Some popular Handicap bets you need to know
Ball handicap bet
This bet is also known as flat handicap or 0 handicap. This is one of the most popular odds when playing Asian handicap. Very special when this is a match where the house does not divide the two teams into upper and lower odds. The reason is that when the handicap bet opens, this is an evenly matched match. The two teams took the field and were evaluated as balanced.
Handicap rate 0.25
The next bet that is also extremely popular is the 0.25 handicap. This is one of the handicap bets given the most by bookmakers in handicap betting. Unlike football betting, the 0.25 handicap has an upper and lower bet. The upper team handicaps the lower team by 0.25 goal ratio.
In this case, the team that wins the bet must be the team that placed the winning result of the match. If two teams end the match with a draw, the upper team loses half the bet and the lower team wins half the bet. If the underdog wins, the underdog will win the entire bet amount.
Handicap rate 0.5
The 0.5 handicap is as popular a handicap as the above two ratios. Of course, except for the total handicap, all remaining handicaps are distributed according to each door. In this case, the upper team handicaps 0.5 goals or half a goal.
What is the experience of playing handicap betting?
Carefully analyze the bookmaker's odds
To accurately assess handicap bets, players should understand what the bookmaker's numbers for the handicap are. This includes the handicap points and the odds. These are considered two of the most important factors for successful betting.
The odds and odds are usually meticulously calculated by bookmakers. These numbers must be balanced and reasonable to avoid losses. However, there are special cases because football is always something that is difficult to predict. So, remember to analyze carefully when placing your bets.
Only bet on major matches
For safety, players should only bet on major tournaments. In major tournaments, the rules are more clearly applied. When betting on big matches, there are fewer surprises or fraud between teams. For major tournaments, bookmakers also offer more accurate handicap odds.
Follow experienced players
Betting on handicap bets is not easy for new players. Therefore, you can refer to the betting methods of experienced players.
So where can you follow these experienced players? You can join forums, betting groups on Facebook, and more. Many experts always provide insights and predictions before a match.
Choose to play with reputable bookmakers
Playing with a reputable bookmaker is a fundamental piece of advice that I want to share with you. Setting a fair handicap bet for both sides requires a lot of research. Therefore, only well-established and reputable bookmakers can ensure fairness when quoting these numbers. New bookmakers often have very high betting margins. This will significantly reduce your betting win rate.
In conclusion
Wintips has just shared everything about what handicap betting is. Despite the many new betting options available today, Handicap betting remains the favorite among enthusiasts. If you haven't tried this type of bet, don't hesitate any longer and get involved. I believe that this type of betting will never disappoint you.